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2 Flat 1505 Grace Lake View Chicago IL Mu Investm
MLS #: 10275068
Detailed Listing Description
Rare opportunity to own this 2 flat with side drive-way in level 1+ Blaine School. Owner's unit duplex up that lives like a single family home with 3 bedrooms plus den and 2 full bathrooms. First floor 2 bedroom unit with eat-in kitchen area, walk-out deck and private yard. Endless opportunity investment property can be used as owner's unit duplex up and first floor rental income, rent out both units and collect $4,700+ per month, rent as an Air B n B, VRBO, or convert to a fabulous single family home. Architectural drawings and specifications available to make this an easy conversion. Located one block from the Southport Corridor, walk to all simple conveniences including brown line, Wrigley, Jewel, Trader Joe's, Whole Foods, Xsport and the lake.
Additional Property Details
Garage & Parking
- Number of Parking Spaces2
- Parking on SiteY
- Parking OwnershipN
- Parking Fee/Lease Amount0
- Tenant Pays Unit 1A
- Tenant Pays Unit 2A
- Appliances Unit 1A,B,E,G,I,Q,S
- Appliances Unit 2A,B,E,G,I,T
- Grade SchoolBLAINE ELEMENTARY SCHOOL
- Grade School District299
- Jr High/Middle SchoolBLAINE ELEMENTARY SCHOOL
- Jr High/Middle School District299
- High SchoolLAKE VIEW HIGH SCHOOL
- High School District299
Zip Code Comparison: 60613Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 10% more than other 2 unit listings in this zipcode.
Neighborhood Comparison:Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
CHI - Lake View
This listing is 6% more than other 2 unit listings in this neighborhood.
Rental Income : Annual $56,400 Monthly $4,700
Rental Income Stabilized : Annual $56,868 Monthly $4,739
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Listing Office: Compass
1041 Martha St. Elk Grove Village
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